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1PM Trading Shows Good Growth; Revenue And Profit In Line With Views

Thu, 25th Oct 2018 11:44

LONDON (Alliance News) - Business finance provider 1PM PLC said Thursday that it anticipates making further progress in the first half of the year, with current trading in line with market expectations.

In his annual general meeting statement, Chairman John Newman said that trading in the first four months of the year showed growth on the comparative period a year ago, with all divisions trading in line and robust levels of demand across the group.

"With early indications that the group's strong trading has been maintained in October, the board is optimistic of reporting further progress for the first half of the current financial year," he added.

1PM will publish its results for the first half ending November 30 in mid-January 2019.

1PM shares were trading down 3.7% at 45 pence each Thursday.

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